Bill Text: NY A01941 | 2019-2020 | General Assembly | Introduced
Bill Title: Exempts veterans eighty-five years of age and older from the obligation to pay New York state income tax.
Spectrum: Partisan Bill (Republican 9-0)
Status: (Introduced - Dead) 2020-07-17 - held for consideration in ways and means [A01941 Detail]
Download: New_York-2019-A01941-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1941 2019-2020 Regular Sessions IN ASSEMBLY January 18, 2019 ___________ Introduced by M. of A. HAWLEY -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to exempting veterans eighty- five years of age and older from the obligation to pay New York state income tax The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subsection (i) of section 601 of the tax law is relettered 2 subsection (j) and a new subsection (i) is added to read as follows: 3 (i) Veterans over eighty-five years of age. Notwithstanding the 4 provisions of subsections (a), (b), (c) and (d) of this section and any 5 other provision of this article, for taxable years beginning after 6 December thirty-first, two thousand eighteen, the gross income of a 7 resident individual who is at least eighty-five years of age as of 8 December thirty-first of the taxable year for which the exemption is 9 claimed and who qualifies as a veteran under the provisions of subdivi- 10 sion three of section three hundred fifty of the executive law shall be 11 exempt from tax under this article regardless of whether such income is 12 subject to federal income taxation. 13 § 2. This act shall take effect immediately and shall apply to all 14 taxable years beginning on or after January 1, 2021. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02078-01-9
